NCUA issues single prohibition order in August
The NCUA last month permanently prohibited Luz Araceli Davila-Hernandez from participating in the affairs of any federally insured depository institution.
Davila-Hernandez is a former employee of Magnifi Financial Credit Union, Melrose, Minn. An Order of Prohibition prohibits a party from ever working for a federally insured depository institution.
Agency enforcement orders and notices are searchable by name, institution, city, state, and year on the NCUA’s Administrative Orders webpage. The webpage also provides links to the federal enforcement actions of federal banking agencies against other institutions or their affiliated parties.